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Margin Whales Margin Whales provides leverage signals for Bitcoin and Etherium(bybit,futures)

》》》Bitcoin Update (Continue)Bitcoin showed amazing upside movement after CPI data. Bitcoin broke the $25,200 resistance ...
15/03/2023

》》》Bitcoin Update (Continue)

Bitcoin showed amazing upside movement after CPI data. Bitcoin broke the $25,200 resistance area and made a high near $26,386

Bitcoin made a wick, and right now, bitcoin again falls under $24,544.

Bitcoin needs to give a candle closing above the $25,200 resistance area with appropriate volume to continue its bullish rally.

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》》》Bitcoin update (Continue)Bitcoin has respected its bullish falling wedge pattern, leading to an impressive upside mov...
14/03/2023

》》》Bitcoin update (Continue)

Bitcoin has respected its bullish falling wedge pattern, leading to an impressive upside movement.

In order to continue this bullish momentum, Bitcoin needs to give a daily candle closing above 25,200, which is currently acting as a major resistance level.

A break above this resistance area could potentially provide more strength to the bulls and lead to further price increases.

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》》》Bitcoin update (Continue)Bitcoin price surged over 10% and cleared the $22,000 resistance. The price is now trading a...
13/03/2023

》》》Bitcoin update (Continue)

Bitcoin price surged over 10% and cleared the $22,000 resistance. The price is now trading above $22,000.

BTC must surpass $22,600 and $22,800 to continue higher in the near term.

The next major support is near the $21,750 zone, below which the price might drop to $21,150.

Weekly candle closed in red but it formed a kind of bullish type candle.

Bitcoin started a strong increase above the $21,500 resistance zone.

If bitcoin price fails to clear the $22,600 resistance, it could correct lower.

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》》》Bitcoin Update (Continue)Bitcoin has broken a significant trendline, resulting in a bearish market moment since the p...
12/03/2023

》》》Bitcoin Update (Continue)

Bitcoin has broken a significant trendline, resulting in a bearish market moment since the past few days.

The breakdown was in line with expectations.

In order to restore bullish momentum, Bitcoin needs to regain a position above $21,000.

Failure to do so could lead to bears taking control of the market.
The $19,200 level is currently acting as a critical support level for Bitcoin.

A breach below this level could drive prices closer to $18,300.

Tomorrow marks the weekly candle closing, and it is likely that we will witness a red candle closure.

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》》》Bitcoin Update (Continue) The price of Bitcoin is currently on a downward trend and is expected to close in the red f...
11/03/2023

》》》Bitcoin Update (Continue)

The price of Bitcoin is currently on a downward trend and is expected to close in the red for the weekly candle.

In order for Bitcoin to gain bullish momentum, it needs to reclaim its position above $24,000.

The support level of $21,400 is proving to be effective in preventing the price from dropping further.

However, if the price breaks below this support level, it could result in a further drop towards the next support level of $20,500.

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